Automakers staring at production stoppage due to restrictions on steel imports: SIAM

The automobile manufacturers had sought a year's time, expressing their inability to source high grade steel locally soon citing inconsistent quality. Read more »

Mumbai airport eliminates ‘boarding pass stamping’ for domestic airlines

This makes the Chhatrapati Shivaji Maharaj International Airport the first in the country to introduce the latest technology, proposed by the Bureau of Civil Aviation Security (BCAS). Read more »

Hindustan Copper chalks out strategy to ramp up output to 20 MT by 2024

The company, which plans to pump in Rs 5,500 crore over the next six years to scale up its output by six times, is looking to reopen its Rakha copper mine soon.... Read more »

REITs may help generate 14% return annually to investors : Anarock

In 2014, market regulator SEBI had notified the REIT regulations but the country is yet to see the first launch of such a trust. Read more »

Myntra Jabong CEO Ananth Narayanan steps down

Narayanan is in discussion with Star TV-owned digital content streaming platform Hotstar for the role of CEO, sources quoted by media reports said. Read more »

Mahindra launches eight-seater Marazzo variant

The new variant comes with various features like a seven-inch touch screen infotainment system, reverse parking camera with dynamic guidelines and 17-inch alloy wheels. Read more »

Strong case to revisit ‘restrictive’ FDI retail policy: Report

Citing examples of other emerging geographies to allay concerns, the agency said organised and unorganised retail can co-exist. Read more »

Gujarat unhappy with high tariffs at recent solar auction

GUVNL had earlier cancelled a 500 MW solar auction it held in March in which the lowest tariff was Rs 2.98 per unit. Read more »

Fresh auctions for power pacts likely soon

Ahead of polls and setting in of summer demand, the auctions will help stranded and underutilised power plants sign agreements with state distribution utilities for three years. Read more »

Synergy between steel, refractory industry need of the hour: IRMA

The refractory sector is largely dependent on China for raw-material procurement, much like the steel industry that imports around 40 per cent of low-cost finished products from that country. Read more »